StartUp Funding Report in India 2015 Q1 - YourStory Report/Research
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StartUp Funding Report in India 2015 Q1 - YourStory Report/Research
- 9. Way Forward Q2 2015.. âą The start of Q2 was with big bang; FreeCharge which raised a round in Q1 has exited in Q2. The funding momentum is not showing the signs of ebbing. Also, SEBI has released a discussion paper on regulation for startups. This is something powerful that will decide the fate of future IPO and exits of India startups. âą The fundamental changes that are coming are encouraging. It proposes a new listing platform for startups. It will abolish the term âpromoterâ and replaces it with new terms âfounderâ and âfounding membersâ. And startups with no-profits in the initial years, but which have potential to grow in a big way could be listed too. Exciting days ahead that will unfold a lot for the ecosystem. âą To conclude, let me borrow Blume Ventures MD Sanjay Nath words: âEntrepreneurs have started focusing more on the fundable startup ideas. Many a times, we see replication of existing ideas from elsewhere but there is no need to reinvent the wheel every time. Because of access to information and spending time in the ecosystem, entrepreneurs care more about how fundable their idea is.â Article and Content by: Emmanuel Amberber @EmmanuelAmber Published on YourStory.com Article Link - qk.vc/qkYSQ1 Please Note: I have compiled this data for public use and there is no other intention..